$2,253 Closing Credit*
$189,750
1,400 SqFt
4 Beds
•1 Full Bath, 1 Partial
Lorene Prenderville, Listing Office: Coldwell Banker Prime Properties
Is Richfield, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Richfield was a Seller's Market.
Key Takeaway
Richfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Richfield, NY
How much do homes in Richfield, NY cost?
Median Sold Price
$146,000
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$31,000(+27.0%)
Key Takeaway
Homes in Richfield have sold for 27% more than they did a year ago.
Summary: The median home sold price in Richfield was $146,000 in November 2024, up 27% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $153.4K | $125K | -18.6% |
| 2 Bedrooms | $147.5K | $235K | +59.3% |
| 3 Bedrooms | $105K | $110K | +4.8% |
| 4 Bedrooms | $106K | $70K | -34.0% |
| 5+ Bedrooms | $147.5K | $180K | +22.0% |
Summary: Richfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes increased by 59.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 22%.
Median Sold Price Compared To Nearby Cities
| Richfield | $115K | $146K | +27.0% |
| Richfield Springs | $200K | $188K | -6.0% |
Housing Supply in Richfield, NY
How many homes are available in Richfield, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Summary: The Richfield real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Richfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Richfield, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Richfield in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Richfield, NY
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Richfield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Richfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.